Pharmaceutical Goods Price in Sudan - 2022

Contents:

1. Pharmaceutical Goods Price in Sudan (CIF) - 2022
2. Pharmaceutical Goods Price in Sudan (FOB) - 2022
3. Pharmaceutical Goods Imports in Sudan
4. Pharmaceutical Goods Exports in Sudan

Pharmaceutical Goods Price in Sudan (CIF) - 2022

In 2022, the average pharmaceutical goods import price amounted to $39,727 per ton, declining by -10% against the previous year. Over the period under review, the import price, however, recorded a prominent expansion. The pace of growth appeared the most rapid in 2014 when the average import price increased by 112%. The import price peaked at $44,116 per ton in 2021, and then shrank in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Ireland ($361,369 per ton), while the price for China ($2,939 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+28.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Pharmaceutical Goods Price in Sudan (FOB) - 2022

In 2022, the average pharmaceutical goods export price amounted to $45,929 per ton, picking up by 19% against the previous year. In general, the export price enjoyed a mild increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by 27%. As a result, the export price reached the peak level of $48,600 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($121,333 per ton), while the average price for exports to South Africa ($21,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+46.3%), while the prices for the other major destinations experienced a decline.

Pharmaceutical Goods Imports in Sudan

In 2022, supplies from abroad of pharmaceutical goodses was finally on the rise to reach 75 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a dramatic setback.

In value terms, pharmaceutical goods imports totaled $3M in 2022. Overall, imports, however, faced a abrupt shrinkage.

Top Suppliers of Pharmaceutical Goods to Sudan in 2022:

1. China (33.7 tons)
2. India (6.4 tons)
3. Italy (6.3 tons)
4. Ecuador (5.4 tons)
5. Netherlands (3.9 tons)
6. Germany (3.0 tons)
7. Ireland (2.2 tons)
8. Belgium (2.1 tons)
9. Egypt (1.7 tons)
10. Kenya (1.4 tons)
11. United Arab Emirates (1.2 tons)
12. Hungary (1.2 tons)
13. Turkey (0.9 tons)

Pharmaceutical Goods Exports in Sudan

In 2022, after two years of decline, there was significant growth in shipments abroad of pharmaceutical goodses, when their volume increased by 27% to 14 kg. In general, exports, however, showed a precipitous curtailment.

In value terms, pharmaceutical goods exports surged to $643 in 2022. Over the period under review, exports, however, showed a sharp contraction.

Top Export Markets for Pharmaceutical Goods from Sudan in 2022:

1. Singapore (6.0 kg)
2. South Africa (5.0 kg)
3. Canada (3.0 kg)

Source: IndexBox Market Intelligence Platform